Administrators for collapsed airline Bonza say the company likely traded while insolvent, with the directors to be referred to the corporate regulator for possible investigation.
Bonza suspended all flights and entered voluntary administration on April 30.
The low-cost regional airline’s staff were stood down and have since been sacked, as no buyers made an offer to rescue the company.
Bonza is likely to be liquidated at a creditors meeting to be held ne…
Read the full article at: https://www.abc.net.au/news/2024-06-26/bonza-directors-accused-of-trading-while-insolvent/104022496
